Home / Business / Detention: Swiss court in search of 50 luxury cars by Khadem al-Qubaisi

Detention: Swiss court in search of 50 luxury cars by Khadem al-Qubaisi

The dream of every car lover: Khadem al-Qubaisi, former president of the Zurich Falcon Bank and head of the IPIC, has a whole fleet of luxury cars in his garage stehen. However, treasure worth a total of 45 million francs must be given to entrepreneurs now.

More current news can be found here

The Federal Office investigates Khadem al-Qubaisi on suspicion of corruption and money laundering. A Swiss court has now filed the appeal of its luxury cars, including Ferraris, Lamborghinis and Bugattis. While eleven of the expensive cars of the United Arab Emirates are ready to be found in a garage in Geneva, of the remaining 50 cars are still missing every lane, as the "daily sign" reports. The more recently discovered vehicles have "only" a value of 2.1

7 million francs.

More cars found in Munich

The Federal Government is ready to expand the fleet of super and hypercars on track. In a garage a Münchner auto dealer should find further copies. A legal aid search among the authorities in Germany has nevertheless been successful.

Al-Qubaisi is to be among the central figures of the "1MDB" case, among the billion from the Malaysian state fund "1Malaysia Development Berhad". The scandal will be revealed in 2015. The entrepreneur should be involved in the illegal business and be rewarded with $ 472 million.

Al-Qubaisi is arrested in detention

In the investigation, a number of his assets were seized, including real estate. Since 2016, al-Qubaisi is imprisoned by Al Wathba in Abu Dhabi. According to the US newspaper "The Wall Street Journal" he was sentenced to 15 years imprisonment. (Microns)
© 1 & 1 Mail & Media / SN

Source link